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TORONTO, Feb. 10, 2017 (Canada NewsWire by way of COMTEX) -- TSX/NYSE/PSE: MFC SEHK:945C$ except otherwise brought up
Manulife financial business enterprise ("Manulife") these days introduced that it doesn't intend to exercise its appropriate to redeem all or any of its currently magnificent 10,000,000 Non-cumulative price Reset type 1 Shares sequence 7 (the "sequence 7 favored Shares") (MFC.PR.H) on March 19, 2017. because of this, field to certain circumstances described within the prospectus complement dated February 14, 2012 relating to the issuance of the sequence 7 favored Shares (the "Prospectus"), the holders of the sequence 7 favored Shares have the correct, at their alternative, to transform all or a part of their sequence 7 preferred Shares on a one-for-one groundwork into Non-cumulative Floating price category 1 Shares series 8 of Manulife (the "sequence eight favourite Shares") on March 19, 2017. a formal observe of the appropriate to convert sequence 7 favorite Shares into series eight favorite Shares could be despatched to the registered holders of the series 7 favored Shares in accordance with the percentage situations of the sequence 7 favourite Shares. Holders of series 7 favored Shares are not required to decide on to convert all or any a part of their sequence 7 favored Shares into series 8 preferred Shares. Holders who don't undertaking their appropriate to transform their collection 7 preferred Shares into sequence 8 favored Shares on such date will hold their collection 7 preferred Shares, except immediately transformed according to the situations under.
The foregoing conversion correct is discipline to the circumstances that: (i) if, after March 6, 2017, Manulife determines that there can be less than 1,000,000 sequence 7 preferred Shares unbelievable on March 20, 2017, then all last collection 7 favored Shares will automatically be transformed into an equal number of collection eight favourite Shares on March 19, 2017, and (ii) on the other hand, if, after March 6, 2017, Manulife determines that there would be under 1,000,000 series 8 favorite Shares awesome on March 20, 2017, then no sequence 7 preferred Shares might be transformed into sequence eight favourite Shares. In either case, Manulife will give written word to that impact to any registered holders of sequence 7 favored Shares littered with the previous minimums on or earlier than March 12, 2017.
The dividend expense applicable to the series 7 favorite Shares for the 5-year length starting up on March 20, 2017, and ending on March 19, 2022, and the dividend cost applicable to the sequence 8 favourite Shares for the three-month duration taking off on March 20, 2017, and ending on June 19, 2017, could be determined and introduced by the use of a news liberate on February 21, 2017. Manulife will also supply written be aware of those dividend prices to the registered holders of sequence 7 favorite Shares.
beneficial house owners of sequence 7 favourite Shares who want to activity their right of conversion may still instruct their broking service or other nominee to recreation such appropriate earlier than 5:00 p.m. (Toronto time) on March 6, 2017. Conversion inquiries should still be directed to Manulife's Registrar and transfer Agent, CST have faith business, at 1-800-387-0825.
subject to certain circumstances described in the Prospectus, Manulife may also redeem the collection 7 favourite Shares, in entire or partially, on March 19, 2022 and on March 19 every 5 years thereafter and can redeem the collection 8 favorite Shares, in total or partly, after March 19, 2017.
The Toronto stock alternate ("TSX") has conditionally authorised the list of the sequence 8 favourite Shares constructive upon conversion. listing of the collection eight favored Shares is discipline to Manulife satisfying all of the list necessities of the TSX and, upon approval, the series eight preferred Shares could be listed on the TSX under the trading image "MFC.PR.S".
The series 7 favourite Shares and the series 8 preferred Shares haven't been and may now not be registered within the u.s. under the U.S. Securities Act of 1933, as amended (the "Securities Act"), or the securities legal guidelines of any state of the us and might no longer be offered, bought or delivered, at once or in some way within the united states or to, or for the account or benefit of, a "U.S. grownup" (as defined in legislation S under the Securities Act) absent registration or an relevant exemption from such registration requirements. This press liberate does not represent a suggestion to promote or a solicitation to buy securities within the u.s. and any public offering of the securities within the united states should be made via means of a prospectus.
Manulife financial service provider is a leading international fiscal capabilities community that helps americans obtain their dreams and aspirations by way of putting valued clientele' wants first and featuring the correct assistance and options. We operate as John Hancock within the united states and Manulife elsewhere. We provide financial suggestions, coverage, in addition to wealth and asset management options for people, corporations and associations. at the end of 2016, we had approximately 35,000 employees, 70,000 brokers, and heaps of distribution companions, serving greater than 22 million valued clientele. at the conclusion of 2016, we had $977 billion (US$728 billion) in belongings below administration and administration, and in the previous twelve months we made basically $26 billion in funds to our purchasers. Our important operations are in Asia, Canada and the USA the place we've served shoppers for greater than 100 years. With our global headquarters in Toronto, Canada, we trade as 'MFC' on the Toronto, long island, and the Philippine inventory exchanges and beneath '945' in Hong Kong.
source Manulife monetary employer
To view this information liberate in HTML formatting, please use the following URL: http://www.newswire.ca/en/releases/archive/February2017/10/c5443.html
source: Manulife financial corporationMedia inquiries: Sean B. Pasternak, Manulife, 416-852-2745, email@example.com; Investor family members: Robert Veloso, Manulife, 416-852-8982, firstname.lastname@example.org
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The series 7 is an examination and license that entitles the holder to promote all types of securities items aside from commodities and futures. commonly used formally because the widely wide-spread Securities Registered representative exam (GSRE), the collection 7 exam and its licensing is administered by using the financial business Regulatory Authority (FINRA).
The collection 7 exam is taken by U.S. stockbrokers to achieve a license to trade. the majority of the series 7 exam makes a speciality of investment chance, taxation, fairness and debt gadgets, packaged securities, alternatives, retirement plans, and interactions with customers. A prerequisite examine for the series 7, the Securities industry essentials (SIE) examination, rolled out on Oct. 1, 2018.
The series 7 license is a primary requirement to work as an entry-stage broker.
The goal of the sequence 7 license is to set a level of competency for a registered representative or stockbroker to work within the securities business. The sequence 7 license is a fundamental requirement for an entry-stage broking service. The licensing exam covers an intensive range of fiscal phrases and subject matters as well as securities rules.
Candidates who move the collection 7 exam are able to alternate many securities, such as stocks, mutual cash, options, municipal securities, and variable contracts. The collection 7 license does not cover the selling of precise property or lifestyles coverage items. apart from obtaining the series 7 license, many states require that registered representatives circulate the collection sixty three exam, also known as the Uniform Securities Agent State legislations exam.sequence 7 necessities
sequence 7 candidates are required to take the Securities business necessities (SIE) examination before sitting for the series 7. in line with FINRA, the SIE is an introductory-level examination that "assesses a candidate’s expertise of simple securities industry advice together with ideas primary to working in the industry, equivalent to types of items and their dangers; the structure of the securities industry markets, regulatory agencies and their capabilities; and prohibited practices." if you need greater information on the SIE, FINRA's SIE exam content outline provides more details.
Candidates who wish to take the sequence 7 exam have to be sponsored by way of a FINRA member enterprise, and FINRA has other sequence 7 eligibility requirements. The company have to file a form U4 (Uniform software for Securities business Registration) for the candidate to be registered for the licensing examination. FINRA governs the activities of securities enterprises and registered brokers, guaranteeing that any one who sells securities items is qualified and validated.series 7 examination constitution
seeing that Oct. 1, 2018, series 7 candidates are required to take the SIE exam earlier than sitting for the collection 7, which is structured as follows:
The series 7 exam has 125 assorted option questions, lasts 225 minutes and value $245. The passing score is 72%.
prior to Oct. 1, 2018, the sequence 7 exam contained 250 questions masking 5 foremost job capabilities. The exam period changed into six hours, had no necessities and price $305. A score of seventy two% changed into required to flow.
FINRA doesn't provide candidates with any physical certificate as proof of examination completion. existing or advantage employers who need to view proof final touch have to access this counsel via FINRA's critical Registration Depository (CRD).
Completion of the series 7 examination is a prerequisite for many different securities licenses, such as the sequence 24, which allows for the candidate to oversee and control branch activities.
Late last 12 months, Finra restructured the popular Securities consultant exam, generic most generally because the collection 7. if you are looking to change securities or work in an funding position in the U.S., there are a couple of stuff you deserve to recognize earlier than diving in to study prep.
You now need to circulate two tests
at the heart of Finra’s restructuring is the creation of the Securities business fundamental (SIE) exam. To turn into a registered funding representative, you now need to move each the SIE and the collection 7 exam. Why the trade? One motivation was to now not force examine-takers who want or are required to flow diverse tests to cover the identical material greater than once, in keeping with Brian Marks, managing director of licensing examination prep enterprise Knopman Marks fiscal training.
in advance of the restructuring, around 30% of Finra’s leading qualification checks blanketed normal cloth that coated primary business capabilities. Finra practically pulled all that fabric out of the series 7 and different checks to create the SIE. Now, verify-takers will simplest need to display their understanding of the fundamentals one time.
that you would be able to dip your toe within the water
The other main reason for the change is to enable americans who aren’t already working at a broker-dealer to peer if they have the capability and hobby to be part of the trade. whilst you nevertheless need to be backed via an organization to register for the collection 7, anyone over 18 years of age can take the SIE. Marks talked about his business is at present working with a few hundred college students who're prepping to take a seat for the SIE earlier than they graduate.
It’s a resume sweetener
whereas none of Marks’ broking service-broking valued clientele at present require a candidate to have passed the SIE to be regarded for employment, it’s most effective been a handful of months given that the alterations were enacted. “That’s the query that’s still available,” he spoke of. “At some point we may be headed in that path.”
For now, passing the SIE earlier than making use of for a buying and selling or investment function should definitely enhance a candidate’s profile, Marks spoke of.
There are definitely fewer questions
even if you’d quite study and take a seat for 2 smaller exams versus one giant one is a question of personal preference. That mentioned, those who are already working at a broker-dealer perceived to decide upon the old gadget. Marks talked about there became a major rush of individuals who signed up for the ancient series 7 exam earlier than the October closing date. besides the fact that children, the series 7 examination protected 250 questions within the old format. The are only 200 mixed questions between the SIE and the brand new collection 7 examination.
the new series 7 is tougher, form of
some of the fallouts from pulling normal industry capabilities questions from all qualification exams is that the sequence 7 simply grew to be greater complex. The examination not contains all the more straightforward questions that now make up the SIE, yet the passing ranking continues to be the identical: 72%. This may be an extra reason behind the rush of pre-October signups. test ratings may be scaled in an effort to are trying to hold a constant move cost, but that doesn’t make the exam any more straightforward whilst you’re in fact taking it. It’s simply doubtless you’ll be able to get just a few extra questions wrong and nonetheless pass, even though that’s not yet clear.
It costs the identical
The registration price is $60 for the SIE and $245 for the revised sequence 7 examination – combined to be the equal can charge of the ancient sequence 7.
you can take them on the equal day
people that choose the previous gadget can try to replicate it via taking each on the identical day, though pulling off this kind of feat depends upon the schedules of testing centers. The exam size is 105 minutes for the SIE and 225 minutes for the new collection 7. That shaves off half-hour from the old six-hour exam. that you could in reality take the check in both order (if you are backed with the aid of a company), even though assumedly the tremendous majority will first take a seat for the SIE.
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The last A’s road trip didn’t go all too well. In six games against Baltimore and Texas, the A’s went 4-2. On the surface, that isn’t all too bad, especially when the team is playing on the road. However, the A’s got to 97 wins last season precisely because they bullied and beat up the teams that had no hopes of reaching the playoffs, winning every single game against the Orioles, the White Sox, the Blue Jays, and more. This year’s A’s has already dropped a game against the hapless Orioles, who beat the A’s in what was one of the worst played ball games in a couple of years, and the game the A’s dropped against the Rangers witnessed the team fumbling away a five run lead in the late innings.
The A’s previous road trip also witnessed the team lose all three games against the Astros. The Astros, unlike the Rangers and Orioles, are a very good baseball team that does and should have World Series hopes this year. The team won over 100 games last season. While it would have been tough to win against Houston in Houston, the A’s really messed up that series as well. In the first game of the series, the A’s offense went silent against better-than-decent starter Collin McHugh, and the team dropped the game 3-2. After a noncompetitive game on Saturday the A’s lost, the A’s had a real chance to be the victors on Sunday. Despite Mike Fiers gifting the Astros six runs in the first two innings, the A’s found themselves winning entering the eighth inning, wherein a mostly reliable bullpen then pissed away the lead.
The Astros are good, but they aren’t leaps and bounds better than the A’s are. The two teams’ offenses are pretty close in overall production, and where the Astros starting pitching has an advantage, the A’s bullpen, partially, makes up for it. These are two teams that are closer in talent than most of the baseball world realizes, and early-season-dominance by the Astros is precisely why the team ran away with the division last year. For the A’s to have a fighting chance this year, the trend needs to change.
The Astros actually haven’t lost since their sweep of the A’s, the team going on to sweep the Yankees at home and then sweep the previously-red-hot Mariners on the road, the team entering this series having won nine games in a row. This winning streak has largely been propelled by the offense, wherein each regular has an OBP above .300, and four different starters have OBP’s above .430. Jose Altuve has hit five home runs in his last five games to pair up with an astronomical 1.578 OPS.
The starting staff and the back end of the bullpen has been nearly untouchable as well. The A’s get the benefit of getting to face off against the latter portion of the Astros’ starting rotation, but even still McHugh notched nine strikeouts in six innings pitched, and the late innings relievers haven’t surrendered a run at all since the two teams last faced off. The A’s general strategy is to keep the game close in the early going and take the lead for good towards the end of the game, but against this Astros team, that strategy just isn’t viable, and the team is going to have to search for runs beyond a soft bullpen underbelly.
This is a short series against the Astros, played at home on Rickey Henderson Field, and played with the knowledge that each reliever on the A’s is more or less fully rested and able to pitch in any situation over the next two games, thanks to a day-off the day before and the day after this series. This allows the A’s to be flexible and creative with their bullpen usage, and should a starting pitcher falter, the bullpen can prevent things from getting out of hand.
At the risk of sounding dramatic, or arrogant, since the A’s are playing at home, and the bullpen is fully loaded, and the offense has been strong to start the season, the A’s really ought to sweep these two games. If the team is going to make the playoffs, they need to make up some wins that were missed out on the last week. The Astros are a pretty danged solid team, and winning each of the next two games will be tough.
But really, the A’s should win everything.
George Springer - CF
Jose Altuve - 2B
Alex Bregman - 3B
Michael Brantley - LF
Carlos Correa - SS
Yuli Gurriel - 1B
Josh Reddick - RF
Tyler White - DH
Robinson Chirinos - C
Marco Estrada vs Collin McHugh
Frankie Montas vs Wade Miley
Game #20: Tuesday, April 16th at 7:07
Game #21: Wednesday, April 17th at 7:07
Both games are available on NBCSCA. Wednesday’s game will also be on MLB Network for non-local fans.
CALGARY, Alberta, April 01, 2019 (GLOBE NEWSWIRE) -- News Release – TransCanada Corporation (TRP.TO) (TRP) (TransCanada) announced today that it has notified the registered shareholder of the applicable dividend rates for Cumulative Redeemable First Preferred Shares, Series 7 (Series 7 Shares) and the Cumulative Redeemable First Preferred Shares, Series 8 (Series 8 Shares).
As previously announced in our news release dated March 15, 2019, holders of the Series 7 Shares have the right on April 30, 2019 to convert, on a one-for-one basis, any or all of their Series 7 Shares into Series 8 Shares and receive a floating rate quarterly dividend, or retain any or all of their Series 7 Shares and receive a new fixed rate quarterly dividend.
Should a holder of Series 7 Shares choose to retain their shares, such shareholders will receive the new annual fixed dividend rate applicable to the Series 7 Shares of 3.903% for the five-year period commencing April 30, 2019 to, but excluding, April 30, 2024.
Should a holder of Series 7 Shares choose to convert their shares to Series 8 Shares, holders of Series 8 Shares will receive the floating quarterly dividend rate applicable to the Series 8 Shares of 4.032% for the first quarterly floating rate period commencing effective April 30, 2019 to, but excluding, July 30, 2019. The floating quarterly dividend rate will be reset every quarter.
Beneficial owners of Series 7 Shares who do not provide notice or communicate with their broker or other nominee by 5 p.m. (EDT) on April 15, 2019 will retain their Series 7 Shares and receive the new annual fixed dividend rate applicable to the Series 7 Shares stated above.
For more information on the terms of, and risks associated with an investment in the Series 7 Shares and the Series 8 Shares, please see the prospectus supplement dated February 25, 2013 which is available on sedar.com or on our website.
With more than 65 years' experience, TransCanada is a leader in the responsible development and reliable operation of North American energy infrastructure including natural gas and liquids pipelines, power generation and gas storage facilities. TransCanada operates one of the largest natural gas transmission networks that extends more than 92,600 kilometres (57,500 miles), connecting major gas supply basins to markets across North America. TransCanada is a leading provider of gas storage and related services with 653 billion cubic feet of storage capacity. A large independent power producer, TransCanada currently owns or has interests in more than 6,600 megawatts of power generation in Canada and the United States. TransCanada is also the developer and operator of one of North America’s leading liquids pipeline systems that extends approximately 4,900 kilometres (3,000 miles), connecting growing continental oil supplies to key markets and refineries. TransCanada’s common shares trade on the Toronto and New York stock exchanges under the symbol TRP. Visit TransCanada.com to learn more, or connect with us on social media.
This publication contains certain information that is forward-looking and is subject to important risks and uncertainties (such statements are usually accompanied by words such as "anticipate", "expect", "believe", "may", "will", "should", "estimate", "intend" or other similar words). Forward-looking statements in this document are intended to provide TransCanada security holders and potential investors with information regarding TransCanada and its subsidiaries, including management's assessment of TransCanada's and its subsidiaries' future plans and financial outlook. All forward-looking statements reflect TransCanada's beliefs and assumptions based on information available at the time the statements were made and as such are not guarantees of future performance. Readers are cautioned not to place undue reliance on this forward-looking information, which is given as of the date it is expressed in this news release, and not to use future-oriented information or financial outlooks for anything other than their intended purpose. TransCanada undertakes no obligation to update or revise any forward-looking information except as required by law. For additional information on the assumptions made, and the risks and uncertainties which could cause actual results to differ from the anticipated results, refer to the Fourth Quarter 2018 Financial Highlights release and 2018 Annual Report filed under TransCanada's profile on SEDAR at www.sedar.com and with the U.S. Securities and Exchange Commission at www.sec.gov.
Media Enquiries:Grady Semmens403.920.7859 or 800.608.7859
Investor & Analyst Enquiries:David Moneta / Duane Alexander403.920.7911 or 800.361.6522
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Amazon [2 Certification Exam(s) ]
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Hitachi [30 Certification Exam(s) ]
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McData [3 Certification Exam(s) ]
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Microsoft [375 Certification Exam(s) ]
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Military [1 Certification Exam(s) ]
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Motorola [7 Certification Exam(s) ]
mySQL [4 Certification Exam(s) ]
NBSTSA [1 Certification Exam(s) ]
NCEES [2 Certification Exam(s) ]
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NCLEX [3 Certification Exam(s) ]
Network-General [12 Certification Exam(s) ]
NetworkAppliance [39 Certification Exam(s) ]
NI [1 Certification Exam(s) ]
NIELIT [1 Certification Exam(s) ]
Nokia [6 Certification Exam(s) ]
Nortel [130 Certification Exam(s) ]
Novell [37 Certification Exam(s) ]
OMG [10 Certification Exam(s) ]
Oracle [282 Certification Exam(s) ]
P&C [2 Certification Exam(s) ]
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PayPal [1 Certification Exam(s) ]
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PEOPLECERT [4 Certification Exam(s) ]
PMI [15 Certification Exam(s) ]
Polycom [2 Certification Exam(s) ]
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PsychCorp [1 Certification Exam(s) ]
PTCB [2 Certification Exam(s) ]
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Quality-Assurance [7 Certification Exam(s) ]
RACC [1 Certification Exam(s) ]
Real Estate [1 Certification Exam(s) ]
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SUSE [1 Certification Exam(s) ]
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Teacher-Certification [4 Certification Exam(s) ]
The-Open-Group [8 Certification Exam(s) ]
TIA [3 Certification Exam(s) ]
Tibco [18 Certification Exam(s) ]
Trainers [3 Certification Exam(s) ]
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Vmware [58 Certification Exam(s) ]
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